cibc wo rld marke ts inc po box 500 161 bay street bce place toronto canada m5j 2s8 1 416 594 7000 co rp 417 fifth avenue ne w yo rk new york 10016 2204 212 667 800 999 6726 find research on bloomberg cier go firstcall com multex zacks and cibcwm equity may 26 2003 industry update sector weighting market weight merchandising investors guide to the canadian drugstore g103 favourable regulatory environments more experience with competitive pricing a positive political mood renewed store development make solid investment by contrast us environment is plagued attacks from insurers employers governments frugal consumer weak history of front sales performance perry caicco 7279 ca kathleen wong cfa 956 6054 richard piticco 6108 see legal disclaimer section at end this report for important disclosures including potential conflicts interest 2 table contents page
